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glenzy1's Avatar
Canada
1554 Posts
 Posted 07/22/2011  08:36 am Show Profile   Bookmark this topic Add glenzy1 to your friends list Get a Link to this Message Number of Subscribers
Poll Question
Canada's oldest Third Party Grading Company>International Coin Certification Service (I.C.C.S.) is being polled below. Ten (10+) being the highest positive rating and one (1+) being the lowest rating. You decide anonymously!

Glenn

Poll Choices
 10+
 9+
 8+
 7+
 6+
 5+
 4+
 3+
 2+
 1+

Edited by glenzy1
07/22/2011 08:39 am
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Zonad's Avatar
Canada
1472 Posts
 Posted 07/22/2011  11:00 am  Show Profile   Bookmark this reply Add Zonad to your friends list Get a Link to this Reply
Eww...that's nasty.
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littlemoney's Avatar
Canada
902 Posts
 Posted 07/22/2011  1:25 pm  Show Profile   Bookmark this reply Add littlemoney to your friends list Get a Link to this Reply
That is nasty. Even though it is Canada's oldest & first, doe's that make it best ? Maybe on ebay.
Pillar of the Community
Canada
2301 Posts
 Posted 07/22/2011  2:40 pm  Show Profile   Bookmark this reply Add nickelsguy to your friends list Get a Link to this Reply
There was a day....5 yrs ago or so, that I would have taken ICCS grading as "As close as it gets"..........now, up and down like a "toilet seat at a mixed party". If an ICCS holder has the old water mark and does not appear to have been tampered with......I would trust the grade to buy on-line sight unseen.
Pillar of the Community
Canada
1442 Posts
 Posted 07/22/2011  4:47 pm  Show Profile   Bookmark this reply Add canadian-varieties to your friends list Get a Link to this Reply
Its wonderful...ICCS accepts all manner of cleaned, dipped and damaged coins, without labeling them as such, except those that were scrubbed with a brillo pad and have pieces of silver sticking out of them :)....

In other news, undamaged coins in yucky PCGS, NGC, ANACS and ICG slabs can be had for 90% off trends, as Canadians HATE undamaged, undipped or uncleaned coins with a passion!






Pillar of the Community
Canada
2301 Posts
 Posted 07/22/2011  5:02 pm  Show Profile   Bookmark this reply Add nickelsguy to your friends list Get a Link to this Reply
Gee, maybe that is why I watched people at the Spring Torex going from dealer to dealer buying old ICCS flips in the grade of AU, walk out to the lobby and cut them out...walk back in to the bourse and resubmit them......were they looking for higher grades maybe? Hmmmmmmmmmmmmmm
And what does that do to the population report people love to quote? double Hmmmmmmmmmmmm............
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Zonad's Avatar
Canada
1472 Posts
 Posted 07/25/2011  07:51 am  Show Profile   Bookmark this reply Add Zonad to your friends list Get a Link to this Reply
I can't imagine who would give them anything higher than 5 knowing that the coins in holders could be switched so easily. And ICCS knows of the issue. And ICCS had an outside offer to help them switch to hard cases many years ago and refused. Or did I misunderstand the Polls question? Rating their grading is one thing. Rating the service overall is something totally different.
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Zonad's Avatar
Canada
1472 Posts
 Posted 07/25/2011  07:57 am  Show Profile   Bookmark this reply Add Zonad to your friends list Get a Link to this Reply
The last time I went to a Torex coin show I planned on leaving coins with ICCS in the bourse. Of course, my first priority was to visit with friends and shop the bourse and then leave my coins with them on the Sunday.
They didn't show up at their table on Sunday!! I did catch Brian at a dealers table on Sunday morning and told him I had ten coins to give him, but he could not wait while I did the paperwork.
Pillar of the Community
Canada
1442 Posts
 Posted 07/25/2011  11:25 am  Show Profile   Bookmark this reply Add canadian-varieties to your friends list Get a Link to this Reply
At what price/value point do you guys decide to "hard slab" ?

Right now, every coin I have worth over $1000 is hard slabbed. That way I know it hasn't been cleaned or tampered with.
Just wondering if anything under $1000 is worth slabbing.

I have a bunch of varieties in ICCS and CCCS flips (die clashes, repunched and doubled dies, etc)...that I dont mind keeping in flimsy flips...

The other problem you run into with slabbing, is PCGS vs CCCS. PCGS will receive a higher grade but wont list a variety, if its a variety coin.

CCCS will hard slab it, but you will suffer from a reduced grade, which may be even lower than an ICCS grade.

Pillar of the Community
Canada
2301 Posts
 Posted 07/25/2011  1:08 pm  Show Profile   Bookmark this reply Add nickelsguy to your friends list Get a Link to this Reply
In my opinion, the CCCS grade in a hard holder is Gold, where as the PCGS grade may be blatantly WRONG. Getting a MS65 (because of eye appeal), but is actually a technical 63, is wrong in my opinion. I trust the Graders from CCCS to be consistent, and in my opinion the holders are superior in clarity and UV A & B protection.
Pillar of the Community
Canada
1442 Posts
 Posted 07/25/2011  1:41 pm  Show Profile   Bookmark this reply Add canadian-varieties to your friends list Get a Link to this Reply
Problem is...resale value.

Will you get the same $$$ for a CCCS hard slab as an ICCS flip? Possibly not.

Will you be able to attract any international buyers, or list it with Heritage Auctions? Probably not.

Lets face it...everyone wants that MS65 for a MS63 price :)...regardless of whether its in a CCCS slab or not.

My biggest issue with CCCS slabbing is loss of resale value, unfortunately.

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Zonad's Avatar
Canada
1472 Posts
 Posted 07/25/2011  2:33 pm  Show Profile   Bookmark this reply Add Zonad to your friends list Get a Link to this Reply
"My biggest issue with CCCS slabbing is loss of resale value, unfortunately."
That Should mean you are a buyer of CCCS coins? I would lower the $1000 hard slab point. Depends on the coin. Of course, I don't have a fixed price for many of my coins.
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SPP-Ottawa's Avatar
Canada
10460 Posts
 Posted 07/25/2011  2:56 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
Lets face it...everyone wants that MS65 for a MS63 price.


When it comes to MS-65 coins, in TPG holders, you could not be further from the truth. Yes, we all want gem grades, but when it comes to choice pieces for most collections, very few numismatists pay attention to the certificate, and cross the MS-65 off their wish list. The lustre, the colour, the strength of the strike, the eye-appeal are what makes a coin desirable. Even registry set collectors sometimes pass up on a MS-67, because that coin simply does not "look as nice" as a really nice MS-65 or MS-66. For my collection, I buy the coin, not the holder. If I find a small Canadian cent with full red colour, strong strike and massive eye-appeal, I often pay MS-66 prices for a MS-65 coin. Next time at Torex, examine all the lots first, and make note of the coins with awesome eye appeal (not the grades). Those are the coins that dealers and collectors bid on. Dealers bid on them because they know they can sell a nice coin. Ugly MS-65 coins in ICCS flips will not even make the reserve, or sell at 40% trend, usually to someone sight unseen, who thinks they are getting an "MS-65 coin at a MS-63 price".
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

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Pillar of the Community
Canada
2301 Posts
 Posted 07/25/2011  2:57 pm  Show Profile   Bookmark this reply Add nickelsguy to your friends list Get a Link to this Reply
People are paying more for an ICCS graded coin vs CCCS is nothing more than naivity in my opinion. The grade slide and BLATENT mistakes made by ICCS in the last few years is obvious to any knowledgable collector. Of course dealers are going to tout ICCS because of the millions of dollars in inventory they are holding. A test was done by a member here by submitting nickel Dollars to ICCS, then comparing them to coins submitted by A Well Known large dealer......the results were astounding, but predictable in my opinion. The dealer got higher grades for inferior.....yes inferior coins. That is the way ICCS works. If people continue to take ICCS as Gospel, they are in for a shock. I have sat at Torex with dealers who will crush CCCS verbally for mistakes made in 2004, but then make excuses for ICCS about....Scott can not grade and Brian is almost blind....then in the next breath promote ICCS to the next customer.....because that is where the stock is! There was a time as I have said in this thread that ICCS was good. No longer. That brings all of the material they have graded under scrutiny to a smart collector. The ICCS pop report is a joke, the holders are a joke... Ask yourself.......why are you checking ICCS coins now with more scrutiny than before....ICCS uses a single grader, where as CCCS uses at least 2 for every coin! People are sheep....they will go where they are told until they learn for themselves.....hey wait a minute....this is not right? The dealers as well as collectors with huge amounts of ICCS flipped coins are going to defend as well as promote them.......Now ask yourself again, buy a conservative 64....or an unknown 65........But with CCCS you know what you are getting. CCCS also attempts to at least talk to any collector about any coin that they have graded.......Try that with ICCS..........Chortle....That is why ICCS still uses plastic flips.....they are not accountable in any way......all they have to do (and have) is say..."That must be a tampered holder! I did not give that coin that grade!" You have no recourse at all. Try to tamper with a CCCS hard slab....I did.....no way...... Now, please re-think your vote as to where ICCS should be in this poll.......
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 07/26/2011  9:13 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

I'm really getting sick of the ICCS v. CCCS p!ssing contests.





Valued Member
dan-in-crystal-lake's Avatar
United States
493 Posts
 Posted 07/26/2011  9:26 pm  Show Profile   Bookmark this reply Add dan-in-crystal-lake to your friends list Get a Link to this Reply
Buy what you like for a coin. If you want to put it in a TPG container, pick the one you like. Enjoy the hobby and your stash.
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